The United Nations Office for Disaster Risk Reduction (UNDRR), Standard Chartered, and KPMG have jointly launched a guide called “Guide for Adaptation and Resilience Finance” to increase finance for adaptation and resilience in emerging markets. The guide lists over 100 investable activities, such as climate-resilient crops and renewable energy storage solutions. The report highlights that the economic impact of climate-related disasters amounts to over USD 330 billion annually, and less than 10% of climate finance is directed towards adaptation. This is despite published evidence from Standard Chartered, published in the Bank’s Adaptation Economy Report, demonstrating that every adaptation may generate $12 in potential gains. The guide provides a practical resource for investors and banks to develop financial products like adaptation, resilience loans, and bonds. This will help boost confidence among investors and companies seeking to allocate capital to adaptation projects and resilience products, ultimately addressing the critical challenges climate change poses.



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